TrustCo Bank Corp NY

NasdaqGS:TRST Stock Report

Market Cap: US$643.9m

TrustCo Bank Corp NY Past Earnings Performance

Past criteria checks 2/6

TrustCo Bank Corp NY has been growing earnings at an average annual rate of 1.7%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 2.3% per year. TrustCo Bank Corp NY's return on equity is 7.1%, and it has net margins of 28.1%.

Key information

1.7%

Earnings growth rate

2.1%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate2.3%
Return on equity7.1%
Net Margin28.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

Nov 23
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

TrustCo Bank: Very Strong Performance, Run A House Position

Jul 22

Results: TrustCo Bank Corp NY Exceeded Expectations And The Consensus Has Updated Its Estimates

Apr 26
Results: TrustCo Bank Corp NY Exceeded Expectations And The Consensus Has Updated Its Estimates

TrustCo Bank: Back To A 5.5% Yield, It Is A Buy

Apr 22

TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

Nov 25
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

Should You Be Adding TrustCo Bank Corp NY (NASDAQ:TRST) To Your Watchlist Today?

Mar 24
Should You Be Adding TrustCo Bank Corp NY (NASDAQ:TRST) To Your Watchlist Today?

TrustCo Bank Corp NY (NASDAQ:TRST) Is Increasing Its Dividend To $0.36

Feb 25
TrustCo Bank Corp NY (NASDAQ:TRST) Is Increasing Its Dividend To $0.36

TrustCo Bank Corp NY (NASDAQ:TRST) Will Pay A Dividend Of $0.35

Aug 20
TrustCo Bank Corp NY (NASDAQ:TRST) Will Pay A Dividend Of $0.35

TrustCo Bank: Stable And Attractively Valued

Aug 20

TrustCo Bank: A 4.5% Yield For A Bank Trading At TBV

May 24

TrustCo Bank: An Attractive 4% Dividend Yield For New York And Florida Real Estate Exposure

Jan 10

TrustCo Bank: Tremendously Positioned For Rate Hikes

Oct 25

TrustCo Bank: The Recent Pullback Is All About Interest Rates

Aug 22

Revenue & Expenses Breakdown

How TrustCo Bank Corp NY makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:TRST Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2416947920
30 Jun 2417249930
31 Mar 2417853920
31 Dec 2318959940
30 Sep 2320170940
30 Jun 2320674930
31 Mar 2320676910
31 Dec 2220075870
30 Sep 2219471860
30 Jun 2218968860
31 Mar 2218565870
31 Dec 2118462900
30 Sep 2117959890
30 Jun 2117356880
31 Mar 2116753860
31 Dec 2016552850
30 Sep 2016553850
30 Jun 2016753860
31 Mar 2017257860
31 Dec 1917458870
30 Sep 1917760860
30 Jun 1917860860
31 Mar 1917861850
31 Dec 1817761830
30 Sep 1817653820
30 Jun 1817550810
31 Mar 1817347800
31 Dec 1717143790
30 Sep 1716847790
30 Jun 1716545770
31 Mar 1716443770
31 Dec 1616243760
30 Sep 1616142740
30 Jun 1616042730
31 Mar 1615842720
31 Dec 1515742720
30 Sep 1515743720
30 Jun 1515743720
31 Mar 1515644710
31 Dec 1415644700
30 Sep 1415544700
30 Jun 1415244690
31 Mar 1415142680
31 Dec 1314940690

Quality Earnings: TRST has high quality earnings.

Growing Profit Margin: TRST's current net profit margins (28.1%) are lower than last year (34.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TRST's earnings have grown by 1.7% per year over the past 5 years.

Accelerating Growth: TRST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TRST had negative earnings growth (-32%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).

Return on Equity

High ROE: TRST's Return on Equity (7.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:39
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TrustCo Bank Corp NY is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Travis LanKeefe, Bruyette, & Woods
Alexander Roberts TwerdahlPiper Sandler Companies
Alexander Roberts TwerdahlSandler O'Neill